Tag: JPY
EURJPY: Bearish Momentum as Support Breaks at 161.70
Jennifer -
The EURJPY pair has successfully breached the support line of the bullish channel at 161.70, signaling a shift towards the bearish track, reaching the...
Japanese Stocks Experience Decline with Nikkei 225 Closing 0.30% Lower
Jennifer -
Japan stocks concluded Wednesday's trading session on a downward trend, as losses within the Shipbuilding, Gas & Water, and Precision Instruments sectors exerted negative...
Hedge Funds Halve Bullish Dollar Bets as Rate Cut Expectations Soar: McGeever
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Hedge funds have significantly scaled back their optimism on the dollar, slashing net long positions against major and emerging currencies by $5.5 billion, the...
Currency Market Update: Dollar Softens to November Low, Yen Gains in Market Adjustment
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In the latest developments in the currency market, the US dollar has experienced a dip, reaching its lowest point for November. The Bloomberg Dollar...
GBPJPY Encounters Resistance, Faces Potential Correction
Jennifer -
The GBPJPY pair recently achieved the previously indicated positive targets, reaching 188.65, where it encountered a substantial barrier. This led to a swift correctional...
EURJPY Seeks New Momentum Amidst Temporary Correction
Jennifer -
The EURJPY pair recently approached its second positive target at 163.80, but experienced a downturn influenced by a stochastic decline toward the 50 level....
Australian Stocks Experience Decline, S&P/ASX 200 Records 0.76% Drop
Jennifer -
In Monday's trading session, Australian stocks closed lower, with the S&P/ASX 200 experiencing a 0.76% decline. The downturn was primarily attributed to losses in...
Nikkei 225 Slips 0.62% as Paper & Pulp, Railway & Bus, and Services Sectors Record Losses
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Japan's stock market witnessed a decline at the close of Monday's trading session, with the Nikkei 225 index falling by 0.62%. The downturn was...
Japan Stocks End Higher: Nikkei 225 Up 0.54%
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Tokyo - Japan stocks closed higher on Friday, with the Nikkei 225 gaining 0.54% and reaching a new three-month high. The positive momentum was...
Sterling’s Retreat Against Yen Reflects Anticipation of BoJ Policy Shift
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In the realm of Asian trading, the British pound initially surged to its highest level against the Japanese yen in over a week, peaking...
Which Is the Best Currency in the World
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It is difficult to determine which currency is the best in the world as it can depend on various factors such as economic stability,...
U.S. Dollar Holds Steady Prior to Federal Reserve Decision; Sterling Weakens Amid CPI Decline
Jennifer -
The U.S. dollar remained stable in European trading on Wednesday, with investors eagerly awaiting the conclusion of the latest Federal Reserve policy meeting. Meanwhile,...